Samsung: No we are not shutting down our PC business

Samsung has denied reports that it is planning to shut down its current PC business.

The report, originally from the Korea Times, said Samsung had decided to shutter its PC division, consolidating their businesses by moving to the OEM side and sticking to mobile devices for the consumer side.

Says Samsung: "The rumor that Samsung is withdrawing from the PC desktop business is groundless. Samsung will continue to offer diverse PC products according to consumer and market needs."

The reports did not make much sense to begin with, especially since Samsung just unveiled new Ativ touch-screen PCs during a full press event and reiterated support for notebooks and ultrabooks.

That being said, the traditional PC market is expected to see another annual decline in shipments, likely in double digits.